Bangladesh has asked for duty and quota-free access of LDC products to the markets of developed economies and also access of skilled and semi-skilled workers as part of the global stimulus package to fight financial downturn. Bangladesh’s ambassador and permanent representative to the United Nations Ismat Jahan made the call at ...

KDS Logistics Limited, the country’s biggest inland container handling facility in private sector with an outlay of Tk 300 crore, was formally inaugurated in Chittagong on Saturday. The inland container depot has been developed with state-of-the-art technologies on a sprawling around 15 lakh square feet of land at Sonaichari under Sitakunda ...

American jeans manufacturer Levi Strauss announced on Friday it would shut down its plant in Hungary by the end of June, laying off 549 workers. "In the European, Middle Eastern and North African region the company has more ...

A joint venture between Singapore and Bangladesh company will set up a central effluent treatment plant in Dhaka Export Processing Zone. The company, D-Water CETP Ecosystems (BD) Limited, will invest $4.793 million to treat 15,000-43,000 cubic meters of liquid effluent per day of the industries of the DEPZ. The plant will be set ...

The government is in the process of formulating a comprehensive new industrial policy within this year, focusing on an environment-friendly industrialisation, said the industries minister yesterday. “We need a cleaner environment because it is of utmost necessity to enter the competitive global market,” said Dilip Barua. “To have a healthy environment, we ...

N.E.W. Customer Service Companies Selected to Provide Leading Sporting Goods Retailer with Product Service and Coverage That Works as Hard as Customers Play -N.E.W. Customer Service Companies, Inc. (NEW), the nation’s leading provider of extended service plans and buyer protection programs for consumer products, announced today it is working ...

Huntsman Textile Effects, a division of Huntsman Corporation (NYSE: HUN) and a leading manufacturer of dyes and textile chemicals, today announced it will establish new headquarters in Singapore. The move is a major milestone of the division's previously announced restructuring and will significantly contribute to the division's focus on serving ...

The government should ensure environment friendly investment for sustainable development of the country, said Transparency International Bangladesh (TIB) chairman yesterday. “The government has to take environmental issues seriously so the country can achieve sustainable development. It should also make sure that both the local and foreign investors remain conscious about environment,” ...

Turkey's imports fell by more than 40 percent year-on-year in January while exports fell by a quarter, giving a worrying signal of the extent of the slow-down hitting the ailing emerging economy. The trade gap narrowed to $1.379 billion in January, official data showed on Friday, around half of a poll ...

South Korea on Thursday announced tax breaks for foreigners investing in local bonds to help ease jitters over the country’s foreign exchange liquidity. Tax will be erased for capital gains including interest if foreign investors buy South Korea’s treasury’s and monetary stabilisation bonds, the Ministry of Strategy and Finance said. The government ...